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RE: Mt. Gox trustee please stop the foolishness
I think there is going to be a large amount of institutional money coming into the crypto space as the regulatory situation becomes more clear. I would like to a big institution like Goldman Sachs or some other bank or hedge fund approach the Mt. Gox trustee about negotiating the sale of a huge amount of bitcoin in a private exchange. The institution would get a discount off market price for buying a huge chunk of bitcoin, the trustee would get to unload a huge quantity of bitcoin in one fell swoop, and the overhang that is clouding the market would go away. That would be a win-win-win.
That would be the approach I would like as well, but it seems as if the trustee is looking for complete anonymity which Goldman won’t accept.
That is silly. He has a fiduciary duty to maximize the value of the assets in his custody, which takes precedence over his desire for anonymity.